Stockchase Discover BUY
Brookfield Renewable Energy(BEP.UN-T)
28/02/2022 at 07:00pm
Allan Tong’s Discover Picks Renewable energy stocks have been a tear since the invasion. From February 24 and 28, BEP.UN has rallied nearly 6.5%. In fact, BEP.UN's climb began before that. Shares have risen 11% in the past month. They bottomed on January 25 at $40 as fears of an interest rate explosion gripped markets and drove renewables into the cellar. Since then, BEP.UN shares have jumped past $45. BEP.UN itself has risen nearly 27% in the last 24 months during the pandemic, and appears to have ended its losing streak of ever-sinking lows since its January 2021 peak. With current momentum, BEP.UN can return to $50 in short order.
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